Sound Financial Bancorp Q2 2021 net income $2.3M ($0.85 EPS); declares $0.17 dividend

Sound Financial Bancorp, Inc.

2021-Q2 EPS reported $1.78

Net income $2.3M vs $2.5M in Q1 2021 and $2.1M in Q2 2020; diluted EPS $0.85.
Net interest margin improved to 3.36% from 3.09% in Q1; net interest income up 12.5%.
Loans held-for-portfolio increased $25.3M to $639.6M; PPP loans fell to $36.0M.
Nonperforming assets decreased $1.1M to $2.2M; allowance coverage of NPLs 412.67%.
Dividend of $0.17/share declared, payable Aug 24 to record Aug 10.

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